Is Amplify Etho Climate Leadership U.S. ETF (ETHO) a Strong ETF Right Now?
From NASDAQ: 2024-04-11 06:20:05
The Amplify Etho Climate Leadership U.S. ETF (ETHO) is a smart beta exchange traded fund launched to provide exposure to the Style Box – All Cap Growth market on 11/19/2015, tracking the Etho Climate Leadership Index. This ETF aims to pick stocks with better risk-return performance through non-cap weighted strategies, with an expense ratio of 0.45%.
ETHO has gained 0.83% this year and 10.88% in the past year, trading between $46.46 and $58.49. It has a beta of 1.11, standard deviation of 19.99%, and 259 holdings to diversify risk. Top sector exposure is in Information Technology, with Nvidia Corp, Advanced Micro Devices Inc, and Williams-Sonoma Inc as top holdings.
Investors seeking to outperform the Style Box – All Cap Growth segment may consider ETHO, but alternatives like JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) and iShares ESG Aware MSCI USA ETF (ESGU) exist. JEPQ tracks —————————————-, with $11.97 billion in assets and an expense ratio of 0.35%. ESGU tracks the MSCI USA ESG Focus Index with $12.48 billion in assets and an expense ratio of 0.15%.
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